Artemyev: FAS considers the bankruptcy of “Transaero” inevitable

Artemyev: FAS considers the bankruptcy of “Transaero” inevitable


MOSCOW, 16 Oct. The Federal Antimonopoly service (FAS) of Russia considers the bankruptcy of the company “Transaero” the only possible version of events, told journalists the head of Department Igor Artemyev.

“We understand that there is no carrier on the basis of “Transaero” will not. It was all good intentions. Know that the company “Aeroflot” has officially announced that because of a failure to consolidated package “Transaero” to the required level, the option of purchasing “Transaero” will not take place. We understand that in this situation, only a bankruptcy. And I think that such a decision will be made,” he told reporters on the sidelines of the conference “Antitrust regulation in Russia”.

Transaero airlines has been unable to service debts, which form together with the leasing obligations of about 250 billion rubles. Approved in September the government plan for the transfer of 75% of actions “Transaero” state “Aeroflot” for the subsequent rehabilitation took off. The creditors are considering the option of bankruptcy of the airline, selling tickets for the flights are stopped. Its passengers are transported by other airlines, mainly included in the group “Aeroflot”.